Fuel Prices Set to Rise Tonight as Yunnan's Regional Rates Are Released

Deep News10-29 21:01

Since the domestic refined oil price adjustment on October 15, escalating geopolitical tensions in the Middle East have driven international crude oil prices sharply higher.

To soften the impact on the domestic market, the state has once again applied regulatory measures to refined oil prices.

Based on the current pricing mechanism, starting from midnight on October 29, the prices of domestic gasoline and diesel (standard grade) should have risen by 440 yuan and 420 yuan per tonne respectively. After balancing the need to ease the burden on downstream users with the need to ensure a safe and stable supply of refined oil, the actual increases were set at 345 yuan and 335 yuan.

Attached: The maximum retail prices of gasoline and diesel in each province (region, municipality) and major central cities (click to enlarge).

Following the adjustment, the maximum retail prices of gasoline and diesel in each region of Yunnan Province are shown in the attached table.

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